bill

Bill

1. A statement given buy a seller to a buyer itemizing the sale and demanding payment. A bill may be for the sale of a good or a service. The bill usually states the names of the counterparties, the goods and/or services purchased, and adds any applicable sales tax or VAT. It may also include the terms of sale, especially if it is a credit sale. A bill is also called an invoice. See also: Receipt.

All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.